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RESOLUTION NO. Zqq -g <br />A RESOLUTION AMENDING <br />RESOLUTIONS NO. 2251 -95 AND NO. 2247 -95 <br />TO REPLACE THE SOUTH BEND REDEVELOPMENT <br />COMMISSION ON BEHALF OF <br />ABSORBTECHO, LLC WITH THE <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />ON BEHALF OF AT OF INDIANA, LLC <br />AS THE NAMED PROPERTY OWNER FOR <br />REAL PROPERTY TAX ABATEMENT PURPOSES <br />WHEREAS, the Common Council of the City of South Bend, Indiana, has duly adopted <br />a Declaratory Resolution No. 2247 -95, designating as an Economic Revitalization Area for <br />the purpose of real property tax abatement, the area commonly known as 3900 West <br />William Richardson Drive, South Bend, Indiana (as more particularly described therein, the <br />'Property "); and <br />WHEREAS, the Council thereafter duly adopted Confirming Resolution No. 2251 -95 <br />granting a six year real property tax abatement for the Property in the name of <br />Absorbtecht LLC; and <br />WHEREAS, at the time of its application for real property tax abatement, the applicant <br />had made only a preliminary choice of entity and applicant has submitted documentation <br />evidencing that it has organized as and holds title to the Property as AT of Indiana, LLC; <br />and <br />WHEREAS, it is the desire of the Common Council to correct Declaratory Resolution and <br />the Confirming Resolution to reflect the correct name of the Property owner; <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby confirms that AT of Indiana, LLC shall <br />receive the real property tax deduction with respect to the Property for a period of six (6) <br />years. <br />SECTION II. The Common Council hereby amends Resolutions No. 2247 -95 and No. <br />2251 -95 by striking the words "AbsorbtechO, LLC" wherever they appear therein and <br />substituting in lieu thereof the words "AT of Indiana, LLC'. <br />SECTION III. This Resolution shall be in full force and effect from and after its adoption <br />by the Common Council and approval by the Mayor. <br />PRESENTED 16-)3 "9J <br />NOT APPROVED <br />ADOPTED /d - ),3-9,S <br />Me r o e Common Council <br />Filed in Cie, rc,,Q ' <br />OCT 1 7 1995 <br />IRFNEGAMMGN <br />